Currency Calculator

Use the currency calculator to calculate the rate of exchange.

GBP Flag

1 GBP = 1.12176 EUR

EUR Flag

1 EUR = 0.89121 GBP

Change Currencies Currency Providers

Brits hunt for budget holidays

Foreign money transfers may soon grow in popularity as Cheapflights.co.uk offers up its tips to keep travelling costs down.

A new survey from Hotels.com has shown that bookings in economically damaged areas, such as Spain, Greece and Ireland, have jumped between June and September 2011 compared to the same thee-month period in 2010.

The group suggests that this means Brits have regained their appetite for travel and are looking at destinations where the pound carries extra weight.

"There are numerous ways that travellers can keep costs down while abroad, from taking advantage of smartphone travel apps to pre-paid currency cards and couch surfing," remarked Nadine Hallak, a travel expert with Cheapflights.co.uk.

"Choosing to travel off-peak is one of the best ways of cutting down on costs as well as of avoiding the crowds. Other simple rules to be observed include travelling light to avoid hefty baggage fees, researching exchange rates and scouring the web for the cheapest deals on travel insurance."

While the recent survey found that searches for hotels in Spain rose by 85 per cent, Portugal 80 per cent, Greece 78 per cent, Italy 72 per cent and Ireland 50 per cent, Ms Hallack suggested different locations.

She said budget travellers consider Bali, Dubai and New Caledonia in the southwest Pacific, which the expert claims offers "great value" for money travel experiences.

Foreign capital cities highlighted by the survey include Madrid, up by 67 per cent, Lisbon up 61 per cent, Athens by 37 per cent and Dublin with an eight per cent boost.

Leave a comment

What's the press saying about Compare Money Transfer Ltd?

Top 10 Money Transfer Companies